This price momentum strategy looks for volatile stocks that utilize existing upward price momentum to return a profit over the short term. The strategy seeks out the top percentage price gainers over the last 1-month, 3-month, and 6-month periods, while also including a low Price to Sales ratio to ensure the stock is healthy and profitable.
This price momentum strategy looks for volatile stocks that utilize existing upward price momentum to return a profit over the short term. The strategy seeks out the top percentage price gainers over the last 1-month, 3-month, and 6-month periods, while also including a low Price to Sales ratio to ensure the stock is healthy and profitable.